Electric School Buses Fuel V2X Market Boom
2025-03-31
Electric school buses are driving significant growth in the vehicle-to-everything (V2X) market, poised to double capacity to 40 megawatts by 2025, according to a new Wood Mackenzie report. Their predictable schedules, large batteries, and downtime make them ideal for V2X applications. However, challenges remain, including unclear utility interconnection processes and a lack of compensation mechanisms. While European energy companies are forming partnerships to explore V2X business models, mass adoption hinges on standardizing charging protocols and reducing hardware costs. Many 2025 passenger EVs will feature vehicle-to-load (V2L) capabilities, a stepping stone to broader AC V2X adoption.